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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
.jpg) Reuters reported that, Prices of power-station coal from Australia fell to around $74 a tonne as demand eased, while Indian buyers started to look for Indonesia cargoes for delivery in September, traders said. Thermal coal prices on the globalCOAL Newcastle index, a benchmark for Asia, fell $1.57 from the week before to $74.45 a tonne on tepid demand from Asian buyers.
Indonesian bituminous coal of 6,100-6,300 kcal/kg air-dried basis (ADB) was offered at $58 a tonne, FOB mother vessel from South Kalimantan.
Indian buyers have made inquiries for cargoes in September, although demand for Indonesia high-quality coal generally eased, with bigger producers well covered on orders.
"Indian buyers were waiting for some supply orders from the government's tender. Also, there is weather problem too but things will be resolved around October," a regional trader said, referring to the monsoon season which normally runs until September.
Indian state trading entity MMTC, which buys for the majority of state power plants, has put a recent 12.5 million tonne tender on hold and may re-tender after a complaint from a trader.
A 15,000-tonne parcel of Australian coal was traded at $74 a tonne on Tuesday.
* INDONESIAN SUB-BITUMINOUS COAL
Indonesian sub-bituminous coal of 5,100-5,300 kcal/kg ADB was offered at around $36 a tonne, FOB mother vessel from Kalimantan.
Few Chinese buyers were in the market due to ample stocks after they had bought more coal in the first half of this year, an Indonesian dealer said.
But Indian buyers have started looking for cargoes of sub-bituminous coal for delivery in the fourth quarter of this year.
"We receive requests from many Indian traders asking for support letters because they want to participate in the government tenders," said an Indonesian dealer.
"They are looking for shipments in September to end of the year," he said.
Indian demand for Indonesian coal had been slow in the past weeks as buyers prefered cheaper South African cargoes.
In the domestic market, paper and cement firms were in the market for cargoes, although power plants were still struggling to reduce excess stockpiles by asking suppliers to reduce shipment volumes. (Reporting by Fitri Wulandari, Editing by Michael Urquhart)
Source: Reuters
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Monday, 31 October 22
U.S. COAL-FIRED GENERATION DECLINING AFTER BRIEF RISE LAST YEAR - EIA
We expect 6% less U.S. coal-fired generation in 2022 than in 2021, according to our latest Short-Term Energy Outlook (STEO). Although coal-fired ge ...
Monday, 31 October 22
CHINA COAL OUTPUT UP 12.3 PCT IN SEPTEMBER - XINHUA
China’s raw coal output posted stable expansion in September, official data showed.
The country produced 390 million tonnes of ...
Wednesday, 26 October 22
BIMCO PUBLISHES UPDATED GENCON CONTRACT
BIMCO has published a revised and updated version GENCON 2022 – one of its flagship contracts within its portfolio of standard contracts for ...
Monday, 24 October 22
KOSPO TO INVITE 400,000 MT OF COAL FOR 3 YEARS
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an international tender for 400,000 MT of 3,800 - 4,400kcal/kg NCV and Sulfur Max 0 ...
Wednesday, 19 October 22
ASIA COULD BE A BRIGHT SPOT AMID GLOBAL DOWNTURN NEXT YEAR, ECONOMISTS SAY - CNBC
Asia — especially Southeast Asia — remains a bright spot, even as the global economy looks set to head into recession next year, econom ...
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- Aditya Birla Group - India
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- Global Business Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
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- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Georgia Ports Authority, United States
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- White Energy Company Limited
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- Ministry of Finance - Indonesia
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- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- Ministry of Transport, Egypt
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- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Global Coal Blending Company Limited - Australia
- Jaiprakash Power Ventures ltd
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
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- Sical Logistics Limited - India
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- Directorate General of MIneral and Coal - Indonesia
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- Iligan Light & Power Inc, Philippines
- Agrawal Coal Company - India
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- Sinarmas Energy and Mining - Indonesia
- Kumho Petrochemical, South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
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- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Coal and Oil Company - UAE
- Coalindo Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- Australian Coal Association
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
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- Bahari Cakrawala Sebuku - Indonesia
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- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
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- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
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- SMC Global Power, Philippines
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- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
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- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- PTC India Limited - India
- Bhatia International Limited - India
- Indian Energy Exchange, India
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Vizag Seaport Private Limited - India
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- Romanian Commodities Exchange
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
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- India Bulls Power Limited - India
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- Singapore Mercantile Exchange
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- Tamil Nadu electricity Board
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- Medco Energi Mining Internasional
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- Parliament of New Zealand
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- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
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- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
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- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- VISA Power Limited - India
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- Posco Energy - South Korea
- MS Steel International - UAE
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
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- London Commodity Brokers - England
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